Oregon Mortg. Co. v. Renner

CAVANAH, District Judge.

On August 1, 1927, the plaintiff and defendants entered into, a written contract of sale for 180 acres of land with any and all water rights decreed or otherwise appurtenant, to the defendants, for the purchase price of $8,200, to he paid in installments of $800 on the delivery of the contract and the balance in accordance with the terms of certain promissory notes payable $700 on the first of December 1927, and $1,000 on December 1, each year thereafter until December 1, 1933, when $700 is to be paid together with interest at 7 per cent, per annum. Under the contract,…